Funding you earn now, next payment 03:00 UTC+0.0206%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.038%
Price spread now: Extended against tradeXYZ+0.078%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days+0.051%+$5 on $10k
+Price spread, last 7 days−0.125%−$13 · spread now +0.078%, 7d avg +0.095%
=Together, before fees−0.074%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.095%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.051% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.31 | 0.0050 | pay 0.0006% / 1h | 23m 35s | $21.5M | $6.8M | 10x |
| Short | Extended ORCL_24_5-USD | 149.43 | 0.0256 | get 0.0032% / 1h | 23m 35s | $389K | $1.3M | 10x |
tradeXYZ xyz:ORCL
Extended ORCL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $43.26
- Price spread: +0.078% → +0.095%
- −$1.79
- Slippage, 4 orders
- −$15.9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $2.57
- Costs to cover
- 0.389%
- Break-even
- 6.6 days
Slippage from tradeXYZ: live order book, 4 min ago; Extended: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy tradeXYZ live order book, 4 min ago | 0.34 bp | 11.4 bp −$11 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 1.00 bp | 7.6 bp −$8 | 48.3 bp −$483 | doesn't fit | doesn't fit |
ORCL on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0507% | 4h | 149.41 | +0.067% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.25 | −0.041% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.65 | +0.228% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.53 | +0.147% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.47 | +0.107% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.44 | +0.087% | $622K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.167% | $20K | $12K | 12x | as long as short |
| Bitget ORCLUSDT | +0.0038% | 8h | 149.53 | +0.147% | $7.7M | $4.0M | 20x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.32 | +0.007% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.42 | +0.074% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Bitget ORCLUSDT
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCLlong | +0.0050% | 1h | 149.31 | long leg | $21.5M | $6.8M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.38 | +0.047% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.40 | +0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.12 | −0.127% | $698K | $723K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.42 | +0.074% | $1.1M | $2.6M | 10x | as long as short |
| Gate ORCL_USDT | +0.0064% | 8h | 149.50 | +0.127% | $2.3M | $2.9M | 25x | as long as short |
| Nado ORCL-PERP | +0.0074% | 1h | 149.28 | −0.021% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.44 | +0.087% | $22K | $268K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.41 | +0.067% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0164% | 8h | 149.39 | +0.054% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0184% | 8h | 149.41 | +0.070% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USDshort | +0.0256% | 1h | 149.43 | +0.078% | $389K | $1.3M | 10x | |
| Binance ORCLUSDT | +0.0260% | 8h | 149.47 | +0.106% | $24.9M | $35.4M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0342% | 8h | 149.43 | +0.080% | $4.9M | $5.5M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0345% | 8h | 149.55 | +0.161% | $261K | $269K | 20x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.30 | −0.007% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0574% | 8h | 149.56 | +0.167% | $3.7M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0577% | 8h | 149.48 | +0.114% | $47K | $43K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Gate ORCL_USDT
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
KuCoin ORCLUSDTM
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT